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Annual Social Security Tax Cap 2024

Annual Social Security Tax Cap 2024. The federal government sets a limit on how much of your income is subject to the social security tax. For 2024, the amount is $168,600, for a total tax of $10,453.20.


Annual Social Security Tax Cap 2024

The maximum social security employer contribution will increase by. If an employee earns a lower annual salary below the 2024 social security limit,.

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